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Oil Exploitation Williston Basin Alberta Plains South Alberta Plains North Reserves

Statistics

Williston Basin

2010 2009 2008 2007 2006
Average Production
Oil and liquids (bbl/d) 2,877 2,807 2,754 2,946 3,117
Natural gas (mmcf/d) 0.64 0.54 0.47 0.28 0.22
Equivalents (boe/d) 2,984 2,897 2,833 2,993 3,152
Total Proved and Probable Reserves(1)
Oil and liquids (mbbl) 11,339 12,508 12,494 12,829 13,452
Natural gas (bcf) 1.32 2.28 2.31 2.59 2.45
Equivalents (mboe) 11,558 12,889 12,878 13,262 13,861
Undeveloped Lands
Net acres (thousands) 45.4 60.7 62.9 68.7 58.6
Drilling Activities
Net wells 17.7 9.6 7.4 8.6 22.0
Core Area Cash Flows ($ millions)(2) 48.72 35.83 58.05 41.57 42.55
Capital Expenditures ($ millions)
Net property and corporate acquisitions/(dispositions) (16.97) 0.20 0.12 0.47 (3.14)
Total field capital expenditures 29.23 19.48 13.70 16.59 25.27
Total expenditures 12.26 19.68 13.82 17.06 22.13
  1. Proved and probable reserves are Zargon working interest reserves before royalties (6:1).
  2. The term “core area cash flows” is defined as petroleum and natural gas revenue for a core area, net of royalties and production expenses.

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